Are we really supposed to believe that Gemini, Binance, and OTC people did not do a KYC on the attacker who is transacting in billions of dollars in a day? That is as plausible as Jeffrey Epstein killing himself and I frankly would not be surprised if the attackers had ties to Jeffrey Epstein himself.
Below is an article about how the attacker(s) attacked LUNA and the UST peg. They sold $650 million of UST on Binance and considering Binance does KYC for such large amounts and this was an obvious attack, why doesn’t the Terra community turn up the heat on Binance to expose the attacker?
How was the KYCed attacker allowed to violate Binance’s TOS without having their account frozen, suspended, and investigated? Is dumping $650 million of stable coins on an exchange to take a sure loss considered “normal market activity” or was it one step in a series of steps required to manipulate the market?
Binance’s Terms of Service below:
When you use Binance Services, you agree and undertake to comply with the following provisions:
During the use of Binance Services, all activities you carry out should comply with the requirements of applicable laws and regulations, these Terms, and various guidelines of Binance;
Your use of Binance Services should not violate public interests, public morals, or the legitimate interests of others, including any actions that would interfere with, disrupt, negatively affect, or prohibit other Users from using Binance Services;
You agree not to use the services for market manipulation (such as pump and dump schemes, wash trading, self-trading, front running, quote stuffing, and spoofing or layering, regardless of whether prohibited by law);